Exchange Rate & Currency

How to Stabilize the Naira- Dr Ayo Teriba

How to Stabilize the Naira- Dr Ayo Teriba

Recent slides in the official exchange rate of the Naira and the dramatic widening of the parallel market premium signaled… Read More

4 years ago

The Naira in 2021: Gap between CBN & Parallel Market Rates to Stay

The exchange rate or the external value of the naira is the most important price in the Nigerian economy. Hence,… Read More

4 years ago

Nigeria and the IMF: End of the Fulani Marriage?

“Nigeria’s $1.5 billon World Bank loan is a modified Fulani marriage; it has gotten a skinny plain bride for a… Read More

5 years ago

“CBN Forex Rate is a Joke”: Why the Black Market Is Popular

The Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, last week criticized Nigerians for patronizing the black market for foreign… Read More

5 years ago

Russia Scales up Foreign Exchange Reserves by $4.5 Billion in 1 Week

While Russia is a corruptly governed country with opaque institutions and weak economic policies, the Central Bank of Russia under… Read More

5 years ago

Despite CBN Interventionist Strategies, Naira Exchanges for N462

The Nigerian Naira on Thursday continued its downward slope in recent days, as it exchanged for the dollars at N462… Read More

5 years ago

Nigerian Manufacturers Groan As Unsold Inventory Rises Amid Forex Shortage

Manufacturing companies in Nigeria are having a difficult time as their inventory of unsold goods has skyrocketed amid foreign currency… Read More

5 years ago

“This is Ridiculous”: Nigerians React to 100 Dollar Naira Debit Card Spending Limit

We spoke to seven Nigerians about how the new $100 limit is affecting them - they range from Lagos businesswomen… Read More

5 years ago

Naira Dollar Exchange Rate 2020: Analysts Predict N410/$ Exchange Rate at United Capital PLC’s Webinar

One of Nigeria’s leading financial advisory and investment banking firms, United Capital PLC, has suggested ways to cope with the… Read More

5 years ago

Institute for Security Studies Says Naira Devaluation will Boost Agriculture Exports

Institute for Security Studies Says Naira Devaluation will Boost Agriculture Exports.  In an article for the Institute for Security Studies,… Read More

5 years ago